07/23/2015
Wealth management group IOOF has let go 33 out of 48 financial planners it acquired in 2012 as part of its purchase of the My Adviser and Plan B businesses, according to trade publication Independent Financial Adviser.
07/23/2015
Credit Suisse Group's Asia chief on Thursday said the Swiss bank would consider raising headcount or buying a smaller peer to build up its private banking business, in a region where pretax profit doubled in the first half of this year.
07/22/2015
Specialist robo advice firm, Ignition Wealth, announced this week it had signed an agreement with the Retirement Planning Association of Australasia.
07/22/2015
Credit Suisse’s new chief executive has sounded out its main investors about plans to expand the Swiss bank’s asset management operations, potentially through an acquisition, according to people familiar with the talks.
07/17/2015
“It probably takes five to seven years to grow a good young private banker,” he says, “and it requires deep pockets.”
07/16/2015
Bosses say, despite the name change, clients will still have access to financial planners, paraplanners and tax and trust services.
07/16/2015
Shinhan Bank, the flagship bank of the nation’s largest banking unit Shinhan Financial Group, was named the best private banking service operator in South Korea.